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Pedro Franceschi

Born 1997 · Age 28

Brazilian software engineer and entrepreneur; co-founder of Pagar.me and Brex; Stanford admittee who dropped out to build Brex; recognized on Forbes 30 Under 30 and involved in fintech innovation.

Total Events
31
Career Span
17 years
Peak Net Worth
$1,200,000,000

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Life & Career Timeline

2005Age 8

Father diagnosed with cancer / father's later death

Father was first diagnosed with skin cancer then lymphoma; Pedro's father later passed away shortly after Pedro turned eight, an event Pedro cites as formative.

1/1/2005Source
Confidence
80%
2005Age 8

Began learning to code independently

Around ages 8–9 Pedro taught himself to code using Google and technology books; early curiosity in computers began here.

1/1/2005Source
Confidence
90%
2009Age 12

Worked at Brainjuice (first known job)

Worked at Brainjuice from 2009 to early 2010 while still young/while in school.

1/1/2009Source
Confidence
80%
2010Age 13

Worked at Sync Mobile

Employed at Sync Mobile from 2010 to 2011 (software engineering work while in school).

1/1/2010Source
Confidence
80%
2011Age 14

Built iPad window-management software

At age 14 developed an iPad window management app enabling management of multiple applications simultaneously; this notoriety helped get software jobs in Brazil.

1/1/2011Source
Confidence
90%
2011Age 14

Worked at M4U (later acquired by Bemobi)

Worked at M4U from 2011 to 2013; M4U was later acquired by Bemobi (acquisition mentioned in source).

1/1/2011Source
Confidence
85%
2012Age 15

Met future co-founder Henrique Dubugras

Befriended Henrique Dubugras on Twitter while both in high school; they debated coding tools and later became co-founders.

1/1/2012Source
Confidence
95%
2013Age 16

Co-founded Pagar.me

Pedro and Henrique founded Pagar.me, a developer-friendly online payments processor for Brazil, while both were 16.

1/1/2013Source
Confidence
98%
2014Age 17

Began managing non-technical teams at Pagar.me (Risk, Finance, CX, Sales)

Pedro transitioned from pure engineering to manage Risk, then Finance, Customer Experience, and Sales — learning to run non-technical functions.

1/1/2014Source
Confidence
90%
2015Age 18

Transitioned to co-CEO model at Pagar.me

Approximately two years into Pagar.me, Pedro and Henrique moved to a co-CEO operating model.

1/1/2015Source
Confidence
90%
2016Age 19

Relocated to U.S. to attend Stanford

After selling Pagar.me, Pedro moved to California to attend Stanford with Henrique; cited as an important decision to access Silicon Valley networks.

1/1/2016Net Worth: $2,000,000Source
Confidence
95%
2016Age 19

Pagar.me reached 100+ employees

By the time of the sale in 2016, Pagar.me had grown to over one hundred employees.

1/1/2016Source
Confidence
85%
2016Age 19

Reported involvement with StoneCo after Pagar.me sale

Sources list StoneCo in relation to Pagar.me's acquisition; some public profiles list a board/relationship with StoneCo (post-acquisition involvement unclear).

1/1/2016Net Worth: $3,000,000Source
Confidence
40%
2016Age 19

Sold Pagar.me to StoneCo (exit)

Pagar.me was acquired by StoneCo in 2016 for reported 'tens of millions' of USD.

1/1/2016Net Worth: $5,000,000Source
Confidence
60%
2016Age 19

Accepted to Stanford University

Pedro and Henrique were both accepted into Stanford University in 2016 and moved to the U.S. to attend.

1/1/2016Source
Confidence
95%
2017Age 20

Brex operational model and product approach defined

Brex issued corporate charge cards tailored to startups — setting limits based on bank account balances and investor funding rather than personal credit history.

1/1/2017Net Worth: $7,000,000Source
Confidence
90%
2017Age 20

Dropped out of Stanford to found Brex

After less than one year at Stanford, Pedro and Henrique dropped out to pursue their next startup; Brex was founded January 2017.

1/1/2017Net Worth: $5,000,000Source
Confidence
95%
2017Age 20

Founded Brex

Pedro Franceschi and Henrique Dubugras founded Brex, a fintech offering corporate cards and cash management for startups; early operations started in a house then moved to an office in San Francisco.

1/1/2017Net Worth: $5,000,000Source
Confidence
98%
2018Age 21

Brex reached $1.1B valuation

By mid-2018 Brex was reported to have amassed a valuation of approximately $1.1 billion (unicorn status achieved in under two years).

6/19/2018Net Worth: $220,000,000Source
Confidence
85%
2018Age 21

Brex raised $50M from PayPal Mafia and other investors

A financing round reported as $50 million attracted investors including PayPal-related backers; this funding helped accelerate Brex's product and growth.

6/19/2018Net Worth: $150,000,000Source
Confidence
90%
2019Age 22

Named to Forbes 30 Under 30 (Finance) / other recognitions

Pedro (and Brex) received recognition including Forbes 30 Under 30 and coverage in Fintech 50 listings during 2019.

2/1/2019Net Worth: $300,000,000Source
Confidence
95%
2019Age 22

Brex launched physical credit card for e-commerce merchants

Brex announced a second product: a physical credit card tailored for e-commerce companies (press coverage Feb 4, 2019).

2/4/2019Net Worth: $300,000,000Source
Confidence
90%
2019Age 22

Featured in Fintech 50 (2019)

Brex and its founders were included in coverage of the Fintech 50 list and related press in early 2019.

2/4/2019Net Worth: $300,000,000Source
Confidence
90%
2019Age 22

Mental-health crisis and began therapy

In mid-August 2019 Pedro experienced a panic attack prior to the Brex Cash launch and began seeing a psychologist weekly; this shaped later public mental-health advocacy.

8/1/2019Net Worth: $350,000,000Source
Confidence
92%
2019Age 22

Launched Brex Cash at TechCrunch Disrupt

Brex launched Brex Cash (cash management / bank replacement product) at TechCrunch Disrupt; internally celebrated; built banking core in under nine months.

10/2/2019Net Worth: $400,000,000Source
Confidence
95%
2020Age 23

Internal memo 'Why I Believe in Growth Mindset' (internal)

Pedro shared a personal memo with Brex employees emphasizing growth mindset; memo dated July 22, 2020 (he referenced his birthday that Sunday).

7/22/2020Net Worth: $1,000,000,000Source
Confidence
95%
2020Age 23

Brex financing at $12.3B valuation; founders become billionaires

Brex raised funds at an approximately $12.3 billion valuation; press reported that co-founders Henrique and Pedro became billionaires after the round.

12/1/2020Net Worth: $1,200,000,000Source
Confidence
75%
2020Age 23

Recognized in press as an under-30 billionaire

Press coverage in late 2020/early 2021 named Pedro among the youngest fintech billionaires after Brex's late-2020 financing.

12/1/2020Net Worth: $1,200,000,000Source
Confidence
75%
2021Age 24

Published 'Why I Believe in Growth Mindset' on Medium

Pedro published the growth-mindset memo publicly on Medium on Jan 6, 2021, sharing personal and leadership lessons.

1/6/2021Net Worth: $1,100,000,000Source
Confidence
95%
2022Age 25

Published 'My journey with mental health' on Brex blog

Pedro publicly shared his mental-health story on Brex's blog on Feb 8, 2022, discussing therapy, panic attacks, and company benefits expansion.

2/8/2022Net Worth: $1,100,000,000Source
Confidence
95%
2022Age 25

Media coverage: Brex facing struggles (Forbes)

Forbes published an article questioning whether Brex co-founder Pedro Franceschi can revive the struggling fintech (Dec 5, 2022).

12/5/2022Net Worth: $900,000,000Source
Confidence
70%

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